Oil prices rise as producers commit to output restraint

Brent crude was up 51 cents, or 0.9 per cent, at $56.86 a barrel by 0134 GMT, while U.S. oil gained 53 cents, or 1 per cent, to $54.08 a barrel. Both contracts rose more than 2 per cent in the previous session.

from Markets-Economic Times https://ift.tt/3oFB8Na